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India loses 15-25 per cent potential crop output due to pests, weeds, diseases

-ANI Chairman Standing Committee of Parliament on Agriculture and Farmers Welfare Hukmdev Narayan Yadav called for concerted efforts to forge an R and D-led strategy to save the loss of crops due to pests, weeds and diseases. An estimated 15-25 percent of potential crop production is lost due this menace at a time when India needs not only to raise production but also ensure food security and nutrition for its growing consumption...

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How to get the weave right -Seema Bathla & Prateek Kukreja

-The Hindu The government must target labour market rigidities to maximise gainful employment in the textile sector. India’s textile and apparel industry is all set for an overhaul as the new National Textile Policy will soon be placed before the Cabinet for approval. The government has already accepted a Rs.60 billion special package for this sector with an aim to create 10 million new jobs in the next three years, attract investments...

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CAG audit nails Centre’s claim on LPG subsidy saving -Josy Joseph and TCA Sharad Raghavan

-The Hindu The audit has also found substantial systemic problems with the Direct Benefit Transfer in LPG scheme, called Pahal by the government. The Centre claims it would end up saving almost Rs. 22,000 crore in the financial years of 2014-15 and 2015-16 since launching its two-pronged approach on cooking gas subsidy — introducing direct bank transfers of the subsidy and asking better off consumers to voluntarily give up theirs. However, a CAG...

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Oxford's Joshi proposes basic income for all -Ishan Bakshi

-Business Standard This policy involves providing products and services such as electricity and fertilisers at below-market prices New Delhi: While much of public discourse in India has tended to focus on expanding the current subsidy regime to help the poor, Vijay Joshi, economist at Oxford University, advocates shifting to a universal basic income, replacing all government subsidies with a single cash transfer to all citizens, providing them with a basic income guarantee. At...

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Freedom for the farmer

-The Hindu The Maharashtra government’s decision to promulgate an ordinance this week to exempt farmers from having to mandatorily sell their fruit and vegetable crop at mandis governed by a 1963 law on marketing farm produce, is a bold and laudable step. That Chief Minister Devendra Fadnavis has stood his ground against the powerful lobby of middlemen, who shut shop in protest, is even more commendable. The problem with the present...

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